Reinsurance
InsureTech Connect Conference Highlights: Does Anyone Need a Toothbrush?
Insurance company employees wondering where all their bosses are this week should not be worried. It's a good bet the executives are safe in Las Vegas at the second annual InsureTech Connect ...
Executives On The Move at Everest Re, Chubb and Willis Towers Watson
Everest Re Group Ltd. picked an executive to lead its newly-created Dublin subsidiary, established for Europe's post-Brexit financial climate. Chubb made some new property/casualty appointments. ...
Pie Insurance Debuts, With Small Business WC as a Target
Pie Insurance, an InsurTech startup focused on the small business workers compensation market, recently closed a $4.3 million seed financing round and the company is debuting this week with an online ...
Concerned About Natural Disaster Exposure, A.M. Best Hits Nationwide With Negative Outlook
Nationwide's size and market presence may count against it in the short term, according to A.M. Best. The insurer has been saddled with a negative outlook issued by the ratings agency, in part, over ...
AIG Hires Novae Veteran as New Reinsurance Head
American International Group brought on a former Novae group executive to lead its reinsurance and other divisions. Charles Fry joined the company as head of Reinsurance, Operations and ...
A Roundup of Major Insurer/Reinsurer Hurricane and Quake Losses Thus Far
Losses from Hurricane Maria and other recent 2017 natural catastrophes—including hurricanes Irma and Harvey, the Mexico City earthquakes, and other events—have led global insurers and reinsurers ...
Hurricane Maria Adds Another $200M to Chubb’s $1B-Plus Hurricane Insured Loss Tab
Chubb Ltd., already reeling from more than $1 billion in anticipated losses from two other recent hurricanes, now predicts another $200 million third-quarter hit from Hurricane Maria. The insurer and ...
Brexit Conflicts Rock May’s UK Cabinet; May Denies Problems
U.K. Prime Minister Theresa May is battling to assert her authority over a divided Conservative Party as she faces calls to quit as its leader before the next general election. While May insists she ...